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The Latest Breaking News from Mukesh Ambani

Amazon calls Future store transfer to Reliance 'fraud'

NEW DELHI: Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.

The Times of India

How Mukesh Ambani outfoxed Amazon in a $3.4 billion deal dispute

NEW DELHI: Amazon has been added to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the US giant in the fight to dominate India’s retail sector, he now holds all the cards in a $3.4 billion dogfight to buy a local…

The Times of India

Reliance Brands acquires majority stake in Abraham & Thakore

Reliance Retail Ventures Ltd, the retail arm of the Mukesh Ambani-led conglomerate RIL, announced an investment in 30-year-old designer brand Abraham Thakore (AT) for a majority stake.

The Times of India

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Reliance Retail invests in Abraham & Thakore for majority stake

NEW DELHI: Billionaire Mukesh Ambani's Reliance group on Tuesday said its retail arm has invested in luxury fashion house Abraham Thakore for an undisclosed majority stake, strengthening the line of lifestyle brands under its umbrella.

The Times of India

Jio inks sat JV to take on Musk, Tata, Mittal companies

NEW DELHI: Broadband through satellite is emerging as a major business area for telecom companies from India and abroad with a high-pitched battle on the cards between Mukesh Ambani’s Reliance Jio Platforms, Sunil Mittal-backed Bharti OneWeb, Tata’s Nelco and Elon Musk’s StarLink.

The Times of India

Reliance Jio plans satellite broadband rivaling SpaceX, OneWeb

NEW DELHI: The conglomerate helmed by Mukesh Ambani, Asia’s richest man, is moving to provide satellite broadband connectivity, muscling into a segment where billionaires Sunil Mittal’s OneWeb and Elon Musk’s SpaceX have ambitious plans.

The Times of India

Mukesh Ambani regains richest Asian tag, surpasses Gautam Adani

NEW DELHI: Reliance Industries chairman Mukesh Ambani on Wednesday regained the richest Asian tag, a day after billionaire Gautam Adani had surpassed him for the top spot.

The Times of India

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Adding $12B To Wealth In 2022, Indian Green Energy Tycoon Becomes Asia's Richest Person

While Tesla Inc. (NASADQ:TSLA) CEO Elon Musk remains the world’s richest person, Indian billionaire Gautam Adani has dethroned compatriot Mukesh Ambani to become the richest person in Asia.

Benzinga

Billionaire Gautam Adani overtakes Mukesh Ambani as Asia’s richest person

NEW DELHI: Gautam Adani, the billionaire who turned a small commodities trading business into a conglomerate spanning ports, mines and green energy, is now Asia’s richest person.

The Times of India

Ex-Mumbai Police commissioner Param Bir Singh shivering when quizzed, says former Maharashtra minister Anil Deshmukh

MUMBAI: Former home minister Anil Deshmukh on Wednesday told the Justice K U Chandiwal commission that the then Mumbai police commissioner Param Bir Singh when summoned to the council hall was in the dark and was shivering when asked about the planting of explosives in an SUV parked near industrialist…

The Times of India

Reliance Retail buys 54% stake in Addverb Tech for $132 million

NEW DELHI: Mukesh Ambani led Reliance Retail has acquired a 54 per cent stake in domestic robotics company Addverb for $132 million (about Rs 983 crore), a senior official of the robotic firm said Tuesday.

The Times of India

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